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Description
This new text deals with topics that are at the core of microeconomic theory - the economics of uncertainty and the economics of games and decisions. It contains a chapter on non-expected utility theory and very up to date coverage of such topics as risk aversion, stochastic dominance and mean-variance utility theory as well as a number of chapters that discuss and illustrate the use of game theory in making decisions under uncertainty.
Table of Contents
PART 1: ECONOMICS OF UNCERTAINTY
The Expected Utility
Theory Risk Aversion
The Insurance Market
Stochastic Dominance and Risk Comparisons
Non-Expected Utility
Theories Portfolio Analysis and the Mean-Variance Utility
Theory Efficient Contracts under Uncertainty: the Principal-Agent
Theory Collective Decisions under Uncertainty
PART 2: GAMES AND DECISIONS
An Introduction to the Theory of Games
Non-cooperative Game Theory
Selected Topics in Non-cooperative Game
Theory Games and Collective Decisions
Evolutions and Games
Games with Nature and the Role of Information in Decision-Making under Uncertainty.
The Expected Utility
Theory Risk Aversion
The Insurance Market
Stochastic Dominance and Risk Comparisons
Non-Expected Utility
Theories Portfolio Analysis and the Mean-Variance Utility
Theory Efficient Contracts under Uncertainty: the Principal-Agent
Theory Collective Decisions under Uncertainty
PART 2: GAMES AND DECISIONS
An Introduction to the Theory of Games
Non-cooperative Game Theory
Selected Topics in Non-cooperative Game
Theory Games and Collective Decisions
Evolutions and Games
Games with Nature and the Role of Information in Decision-Making under Uncertainty.
Product details
| Published | Aug 04 1997 |
|---|---|
| Format | Paperback |
| Edition | 1st |
| Extent | 215 |
| ISBN | 9780333662618 |
| Imprint | Red Globe Press |
| Dimensions | 0 x 0 mm |
| Publisher | Bloomsbury Publishing |
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